i attempted 040 On January 1, 20x1, Ross Company acquired a truck that had a purchase price of $20.000 The ser agreed to allow Ross to pay for the truck over a two-year period at 10% interesti qual payments due at the end of 20%1 and 20x2. What is the amount of each annual payment the company must make fround to the nearest doltan? Select one O22267 OD 11.594 O c514.151 O 4.517,751 7 of 40 On January 1, 20X3, Carter Lid. issued a 15-year, 5800.000 note payable, with annual fored principal payments of $40,000, plus 5% interest The cash payment for the first year is Select one O a $40.000 Ob 570,000 O c $42.000 Od $30,000 Note Unsure of 40 Assume that you borrow $10,000 at an annual interest rate of 8%. Your loan agreement calls for monthly payments of $200, which include both interest and principal Your first payment is made one month after you received the loan The amount of interest and principal applied to your first instaliment would be Select one: 2. Interest of $150 and principal of $50. b. Interest of $60 and principal of $150 c Interest of $140 and principal of $60 d. Interest of 550 and principal of $150 edin.ca/modiquix/secured.php/lockdown